UBS raised Cracker Barrel's price target to $60, maintaining a Neutral rating.

From Yahoo Finance.: 2025-06-25 18:27:00

UBS raised Cracker Barrel’s price target from $48 to $60 before their Q3 earnings report on June 5, maintaining a Neutral rating. They expected modest signs of a turnaround with some momentum pickup in Q4, despite Q3 projections falling short on sales and EPS. Margins were forecasted slightly below average estimates.

UBS closely monitored updates to Cracker Barrel’s 2025 guidance, focusing on revenue and adjusted EBITDA targets. The price target increase reflects sector-wide valuation boosts and signs of recovery, but UBS still sees limited visibility on the speed of Cracker Barrel’s turnaround amidst economic pressures. They emphasize AI stocks for higher returns.

UBS recommends considering other AI stocks with potential for higher returns and less downside risk compared to Cracker Barrel. They suggest exploring a report on the best short-term AI stock for investment opportunities. For more insights, read about the Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. No disclosures were made.

Read more: UBS Nudges Up Cracker Barrel Target to $60, Keeps Neutral Call